Intraday Tips for 12th December 2011

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Nifty Spot and Nifty Futures Closing today (9th December 2011)

During the week, Nifty down 3.1% and SENSEX Down 3.3%. 

Nifty Bank was down by 3.3%

BSE Small cap lost 1.9%

CNX Midcap index lost 2.5%

CNX Realty lost 4.6%

BSE Power lost 3.8%

BSE Metal lost 4% in this week.

Nifty Levels for 12 December 2011 (Monday)

Pivot Level = 4884.1

Support1 = 4824.55  Resistance1 = 4926.25

Support2 = 4782.4  Resistance2 = 4985.8

Support3 = 4722.85  Resistance3 = 5027.95

NIFTY Futures Tips 12 December 2011: 

Buy for 40 % gain in 3 week : Nifty Opt:CA 4900.00 / 29 Dec Target: 168 

Intraday Tips for 12th December 2011

Script	Buy / Sell	CMP (on 09.12.2011)	Target	Stop Loss
Ranbaxy	Buy	388.95	406.50	382.65
PTC India	Buy	48.70	50.20	45.75
TATA Chem	Buy	350.65	359.25	342.40
EDUCOMP	SELL	203.05	195.00	208.00

Disclaimer  : These Recommendations are based on technical analysis and Personal observations. Due care has been taken while preparing these comments, no responsibility will be assumed by the author for the consequences what so ever, resulting out of acting on these recommendations.

Disclosure : The calls made herein are for informational purposes and are not recommendations to any person to buy or sell any securities. The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this site. Readers of this site who buy or sell securities based on the information in this site are solely responsible for their actions.